This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What does the median of the data measure? a. Outliers b. Spread c. Location d. ... (Read 97 times)

itsmyluck

  • Hero Member
  • *****
  • Posts: 546
on: Jun 24, 2018
What does the median of the data measure?
 a. Outliers
 
  b. Spread
 
  c. Location
 
  d. Shape

Question 2

Suppose we have a 0-1 output for whether a bidder wins a contract in a bidding model (0=bidder does not win contract, and 1=bidder wins contract). From the mean of this output, what can we determine?
 a. the mean number of bidders
  b. the average winning bid
  c. the probability that the bidder will win the contract
  d. the standard deviation of the next highest competitor's bid
  e. none of these choices


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mjbamaung

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 24, 2018
Answer to Question 1

c

Answer to Question 2

c


itsmyluck

  • Member
  • Posts: 546
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

Bigfoot1984

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Location of the heart in the chest cavity. Location of the heart in the chest cavity.
Like most world-changing inventions, the printing press of fifteenth-century Europe took advantage o Like most world-changing inventions, the printing press of fifteenth-century Europe took advantage o
4.1 Age changes in total IQ based on cross-sectional data (lower line) and longitudinal data ... 4.1 Age changes in total IQ based on cross-sectional data (lower line) and longitudinal data ...
The Location and Timing of Tornadoes The Location and Timing of Tornadoes
Schematic drawing of a permeation test cell used to measure the permeation rate of chemicals through ... Schematic drawing of a permeation test cell used to measure the permeation rate of chemicals through ...
How gene drive alleles can spread through populations How gene drive alleles can spread through populations
Video: Transmission Across a Synapse

For a complete list of videos, visit our video library